Increasing LOL ET Limits to align with [EGG] Lido Ecosystem BORG Foundation Grant Funding Request

Proposals
1

TLDR

The Lido Ecosystem BORG Foundation (the “Foundation”) proposes to change the Easy Track limits in relation to the Liquidity Observation Lab multisig to 5,000 stETH for every 6 months (instead of 2,100 for every 3 months), to reflect the Foundation’s funding needs. This change aims to align on-chain security constraints with operational needs.

Current ET limit of 2,100 stETH for every 3 months

Under existing Easy Track factories (TopUpAllowedRecipients, AddAllowedRecipient, RemoveAllowedRecipient and AllowedRecipientsRegistry) it is possible to transfer funds from the Treasury to the Liquidity Observation Lab multisig under a security limit of 2,100 stETH for every 3 months.

The parameters are as follows:

token = 0xae7ab96520DE3A18E5e111B5EaAb095312D7fE84, # stETH

budget amount = 2_100 * 10 ** 18, # 2100

budget period duration (month) = 3, # 3 month

multisig = 0x87D93d9B2C672bf9c9642d853a8682546a5012B5, # reWARDS multisig

recipient(s) titles = [”reWARDS multisig”], # reWARDS multisig

recipient(s) addresses = [0x87D93d9B2C672bf9c9642d853a8682546a5012B5], # reWARDS multisig.

[EGG] Lido Ecosystem BORG Foundation Grant Funding Request (Apr-Dec 2025)

By Snapshot ending 25 March 2025, DAO voters approved the Foundation’s funding request for the remainder of 2025. As part of the Snapshot, the Foundation was granted a total of $8.5M for the Liquidity Observation Lab from 2025-07-01 through 2025-12-31 (”H2 2025 Grant”).

With the existing 3-month limit of 2,100 stETH (roughly $4M at today’s prices), the Foundation is unable to access the full amount of stETH making up the 2025 Grant ($8.5M). Therefore, the Foundation proposes to increase the limit to 5,000 stETH and to change to a 6-month limit (instead of 3-month).

Proposed changes to parameters: 5,000 stETH for every 6 months

The Foundation proposes the following new parameters:

token = 0xae7ab96520DE3A18E5e111B5EaAb095312D7fE84, # stETH

budget amount = 5_000 * 10 ** 18, # 5000

budget period duration (month) = 6, # 6 month

multisig = 0x87D93d9B2C672bf9c9642d853a8682546a5012B5, # reWARDS multisig

recipient(s) titles = [”reWARDS multisig”], # reWARDS multisig

recipient(s) addresses = [0x87D93d9B2C672bf9c9642d853a8682546a5012B5], # reWARDS multisig.

Next steps

After the proposed changes are discussed on the forum, a Snapshot vote will follow to gather community feedback. If the community supports the proposal, the suggested changes will be included in one of the upcoming Aragon votes for on-chain implementation.

8 Likes
2

Speaking on behalf of the DAO Ops team: ET limits are primarily security thresholds, not budgeting instruments, and should therefore provide a comfortable buffer above the anticipated spend to support the committee’s operations over upcoming periods. Given current market conditions, we suggest increasing the limits to 6k stETH to ensure operational continuity and reduce the need for near-term adjustments.

We propose including the 6k stETH limit (instead of 5k) in the upcoming Snapshot vote.

4 Likes
3

Snapshot vote started

The Increasing LOL Easy Track Limits to align with Grant Requests Snapshot has started! Please cast your votes before Mon, 28 Apr 2025 16:00:00 GMT :folded_hands: